Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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https://www.youtube.com/watch?v=siCM--dvnos&t=35s
It would be ungrateful for us to now carp about why only 50% recovery, etc.
Yes, taking a haircut is painful and more so for small investors. But that is the price investors pay when they put their money in any entity. After all, nothing is as safe as money in one's pocket. But that money does not grow and therefore investors look for safe places where they can park their money.
Now if the govt wants to encourage savings and investment in the economy, it will simplify the rules so that cheaters like ILFS are caught and brought to justice quickly. The latter is important as if investors see these big honchos living in luxury while the courts drag on and on, the investors begin to lose faith in the system.
ILFS directors must be sent to prison for sufficiently long period of time so that the sentence serves as a deterrent for potential cheaters.
https://www.youtube.com/watch?v=siCM--dvnos&t=35s
Where's the rest?